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ASI CONSTRUCT

Active
Private limited companyfounded 2020active for 6 yearsRinglaan 91, 2240 Zandhoven, BelgiumKBO/BCE: BE 0752.955.669
Summary

The computed 12-month bankruptcy probability of ASI CONSTRUCT is 9.2% (elevated). The 2024 annual accounts show equity of €92,337 and a net result of €22,375. Equity is growing by about 58% per year across the filed financial years. Its solvency ranks better than 75% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.

Equity
€92,337▲ 32.0%
2023 · €69,962
Total assets
€139,444▲ 42.8%
2023 · €97,617
Net result
€22,375▼ 41.1%
2023 · €37,985
Working capital
€78,039▲ 11.5%
2023 · €69,962
Trend over the years

2021 to 2024, 4 financial years

The operating result falls in 2024; 2024 is 23% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€30,710 2024 Net result€22,375 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2021202220232024
Operating result€4,101-€28,141▲ 586%€39,758▲ 41.3%€30,710▼ 22.8%
Net result€4,036within the sector's middle half-€27,841above the sector's middle half▲ 590%€37,985above the sector's middle half▲ 36.4%€22,375within the sector's middle half▼ 41.1%
Equity€4,136below the sector's middle half-€31,977within the sector's middle half▲ 673%€69,962within the sector's middle half▲ 119%€92,337within the sector's middle half▲ 32.0%
Total assets€5,797below the sector's middle half-€35,016below the sector's middle half▲ 504%€97,617within the sector's middle half▲ 179%€139,444within the sector's middle half▲ 42.8%
Debt€1,661-€3,040▲ 83.0%€27,656▲ 810%€47,107▲ 70.3%
Working capital€4,136within the sector's middle half-€31,977within the sector's middle half▲ 673%€69,962within the sector's middle half▲ 119%€78,039within the sector's middle half▲ 11.5%
Solvency71.3%above the sector's middle half-91.3%above the sector's middle half▲ 20.0pp71.7%above the sector's middle half▼ 19.7pp66.2%above the sector's middle half▼ 5.5pp
Current ratio3.49above the sector's middle half-11.52above the sector's middle half▲ 8.033.53above the sector's middle half▼ 7.995.01above the sector's middle half▲ 1.48
Return on assets (ROA)69.6%above the sector's middle half-79.5%above the sector's middle half▲ 9.9pp38.9%above the sector's middle half▼ 40.6pp16.0%within the sector's middle half▼ 22.9pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139,444
Fixed assets €41,936
Current assets €97,507
Equity and liabilities €139,444
Equity €92,337 ▲ 32.0%
Debt €47,107 ▲ 70.3%
Debt's share of the balance-sheet total rises from 28.3% to 33.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€41,194
Cash flow
€32,859
Debt to equity
0.51▲
2023 · 0.40
ROE
24.2%▼
2023 · 54.3%
Interest coverage
51.72
Debt ≤ 1 year
€19,469▼
2023 · €27,656
Debt > 1 year
€27,638
Income taxes
€7,538▲
2023 · €1,233
Staff costs
€7,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 9.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€97,617€139,444▲
Fixed assets21/28-€41,936
Tangible fixed assets22/27-€41,936
Furniture and vehicles24-€41,936
Current assets29/58€97,617€97,507▼
Amounts receivable within one year40/41€72,442€94,266▲
Trade receivables40€59,830€79,191▲
Other amounts receivable41€12,611€15,075▲
Cash at bank and in hand54/58€25,176€3,241▼
Equity and liabilities
Total equity and liabilities10/49€97,617€139,444▲
Equity10/15€69,962€92,337▲
Contributions10/11€100€100=
Capital10€100€100=
Issued capital100€100€100=
Profit (loss) carried forward14€69,862€92,237▲
Amounts payable17/49€27,656€47,107▲
Amounts payable after more than one year17-€27,638
Financial debts170/4-€27,638
Amounts payable within one year42/48€27,656€19,469▼
Current portion of amounts payable after more than one year42-€12,908
Trade debts44€27,656€6,561▼
Suppliers440/4€27,656€6,561▼
Income statement Code20232024
Remuneration, social security and pensions62-€7,514
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10,484
Other operating charges640/8€1,145€1,151▲
Gross operating margin9900€40,902€49,859▲
Operating profit (loss)9901€39,758€30,710▼
Financial charges65/66B€540€796▲
Recurring financial charges65€540€796▲
Profit (loss) for the period before taxes9903€39,218€29,913▼
Income taxes67/77€1,233€7,538▲
Profit (loss) for the period9904€37,985€22,375▼
Profit (loss) for the period to be appropriated9905€37,985€22,375▼
Appropriation of the result
Profit (loss) to be appropriated9906€69,862€92,237▲
Profit (loss) brought forward from the previous period14P€31,877€69,862▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62---€7,514-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€10,484-
Other operating charges640/8-€720€1,145€1,151▲ 0.5%
Gross operating margin9900€4,101€28,861€40,902€49,859▲ 21.9%
Operating profit (loss)9901€4,101€28,141€39,758€30,710▼ 22.8%
Financial charges65/66B€65€301€540€796▲ 47.6%
Recurring financial charges65€65€301€540€796▲ 47.6%
Profit (loss) for the period before taxes9903€4,036€27,841€39,218€29,913▼ 23.7%
Income taxes67/77--€1,233€7,538▲ 511%
Profit (loss) for the period9904€4,036€27,841€37,985€22,375▼ 41.1%
Profit (loss) for the period to be appropriated9905€4,036€27,841€37,985€22,375▼ 41.1%
Line2021202220232024Change
Assets
Total assets20/58€5,797€35,016€97,617€139,444▲ 42.8%
Fixed assets21/28---€41,936-
Tangible fixed assets22/27---€41,936-
Furniture and vehicles24---€41,936-
Current assets29/58€5,797€35,016€97,617€97,507▼ 0.1%
Amounts receivable within one year40/41€1,249€28,208€72,442€94,266▲ 30.1%
Trade receivables40-€19,874€59,830€79,191▲ 32.4%
Other amounts receivable41€1,249€8,334€12,611€15,075▲ 19.5%
Cash at bank and in hand54/58€4,548€6,808€25,176€3,241▼ 87.1%
Equity and liabilities
Total equity and liabilities10/49€5,797€35,016€97,617€139,444▲ 42.8%
Equity10/15€4,136€31,977€69,962€92,337▲ 32.0%
Contributions10/11€100€100€100€100=
Capital10€100€100€100€100=
Issued capital100€100€100€100€100=
Profit (loss) carried forward14€4,036€31,877€69,862€92,237▲ 32.0%
Amounts payable17/49€1,661€3,040€27,656€47,107▲ 70.3%
Amounts payable after more than one year17---€27,638-
Financial debts170/4---€27,638-
Amounts payable within one year42/48€1,661€3,040€27,656€19,469▼ 29.6%
Current portion of amounts payable after more than one year42---€12,908-
Trade debts44€747€3,040€27,656€6,561▼ 76.3%
Suppliers440/4€747€3,040€27,656€6,561▼ 76.3%
Other amounts payable47/48€914----
Line2021202220232024Change
Profit (loss) for the period9904€4,036€27,841€37,985€22,375▼ 41.1%
+ Depreciation and write-downs630---€10,484-
Operating cash flow (approximation)€4,036€27,841€37,985€32,859▼ 13.5%
Change in cash-€2,260€18,368-€21,935-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00512400
31-12-2023 micro format 25-09-2024 2024-00477289
31-12-2022 micro format 13-06-2023 2023-00129377
31-12-2021 micro format 24-05-2023 2023-00094827

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,154. 13,278 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.